Wednesday, November 5, 2008

Dow giving back almost 200 points.....

Markets are in retreat after huge gains......

AGU good ER failed to ignite Ag sector.....

Election gains were done in anticipation of Barak Obama victory...

Now it is back to reality of who will be heading Obama's cabinet....

In my portfolio :

Added more SOL cost went down to $8.15

LVS Down $1.59

UYG Down 40 cents

UYM Down $1.40

SOL Down 90 cents

@ 11.59 AM following are green in my watch list:

RIMM,GG,YHOO,WYN,SNE,HIG.

BLOG does NOT give buy or sell.

Saleem

6 comments:

  1. SALEEM

    YOU could be early for SOL
    DUNNO, I got more QLD

    the DRYS are still strong here
    BDI rates got to start climbing soon! When they do wow -what a pop--you heard it here first.

    Good Luck all

    ReplyDelete
  2. Hi Madmax,

    Either I am early or I am late...or stay too long....to see more loss.....

    Market is in full control of what happens to our portfolio.....

    Saleem

    ReplyDelete
  3. SALEEM

    Hang on to SOL

    Will come raging back --green is in! May take a while to sort this all out!! IMHO

    Good luck and may QLD become bold and climb up doing a swing trade w/QLD

    ReplyDelete
  4. Hi Madmax,

    Thanks for your note.

    HOPE is good....

    Good luck with QLD $$$

    Saleem

    ReplyDelete
  5. Hi Saleem,

    Keep your chin up! Things will get better. We have come down along way in a short time. Now it's time to claw our way back out. It took a year to get this low. It may be another year to climb out of this mess. Enjoy the fall weather!

    Best Regards

    ReplyDelete
  6. Hi Standards,

    The % loss in individual stock is way higher than Dow.....

    Yes..patience is the key....

    Saleem

    ReplyDelete